Alameda Sun: Lehman Files Bankruptcy-Exit Plan
Submitted by west on Thu, 09/24/2009 - 17:58
Dow Jones and Company is reporting that Lehman Brothers Holdings Inc. has filed a bankruptcy-exit plan for the California real estate projects that it funded for SunCal Companies. This marks the latest move in the long-running bankruptcy battle between SunCal and its former financial backer, according to Patrick Fitzgerald, writing for the Dow Jones Daily Bankruptcy Review.
Link to complete story: